SASE:2030

3 stories mentioning SASE:2030Updated 32d ago

Every FINWIRES story that references SASE:2030, newest first.

Sarco Unit to Buy Minority Stake in Global Waste Solutions

Saudi Arabia Refineries (SASE:2030), d/b/a Sarco, unit Refineries Venture Co. agreed to purchase a 33% stake in Global Waste Solutions from Khadra Al-Hijaz Environmental Services Co.The memorandum of understanding signed for the deal is valid for three months, the petroleum refining company said Sunday.Sarco added that the deal will expand and develop its subsidiary's activities in caustic and acidic industrial waste, alkaline industrial waste, and oily sludge treatment.

SASE:2030

Equities47d ago

Sarco Signs Memorandum to Build Hydrogen, Ammonia Production Plants in Saudi Arabia

Saudi Arabia Refineries (SASE:2030), d/b/a Sarco, entered into a one-year nonbinding memorandum of understanding with Ally Hydrogen Energy to develop a green ammonia production plant in Jazan Industrial City, Saudi Arabia.Under the memorandum of understanding, the Tadawul-listed petroleum refining company will also establish a research and development center and a local hub for the assembly and manufacturing of hydrogen and purification equipment.

SASE:2030

Equities53d ago

Sarco Posts Higher Q1 Attributable Net Profit, Revenue

Saudi Arabia Refineries (SASE:2030), d/b/a Sarco, said Monday its attributable net profit and revenue for the first quarter grew year over year.Net profit attributable to shareholders of the issuer for the three months ended March 31 was 5.7 million Saudi riyals, compared with 2.1 million riyals earlier. EPS moved to 0.38 riyal from 0.14 riyal.The Tadawul-listed petroleum refining company's revenue was 9.5 million riyals, compared with 6.7 million riyals a year ago.

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